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How do I prepare the bank reconciliation for the following, March 31, 2012. a. The bank statement balance is $4,000 b. The cash account balance
How do I prepare the bank reconciliation for the following, March 31, 2012.
a. The bank statement balance is $4,000
b. The cash account balance is $3,000
c. The Outstanding checks total $1,500
d. Deposits in transit are $500
e. The bank service charge is $20
f. Interest reported on the bank statement was $10
g. A check for $10 was recorded as $100 in the ledger
h. A NSF for $80 was returned with the statement. We did not know about this until it came in the bank statement.
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